Selling Your Business

“I will sell my business when it makes a profit of x dollars a year, so that I can do…..”

If you start a business early on, or inherit one, you have great opportunity to make it a very, very successful business, raking in millions of dollars a year. Depending on your focus in life, and what you want to do, you may decide to sell your business after say, 30 years, to focus on something else.

You may want to start another business because you love the challenge. You may want to retire because you have enough money to retire early. It really depends on your situation and what you want to do.

A very important thing, in my opinion, is your calling. Your job should support your calling. In the case of being a rich business owner, you could sell your successful business at a profit and then use your money to fund your calling.

For example, let’s say that there is a very successful businessman in America who decides that what he wants to do, as his calling, is to teach people how to be successful like him. He could do this by writing books, teaching, whatever. However, he doesn’t have the time while he’s the owner of his business. So, he sells it, for a substantial profit and now can “retire” to do his calling. He can now write books, teach and help other people. He has enough money that he doesn’t depend on a donor to fund his calling.

A business is a great way to become a very wealthy and successful person—provided you actually succeed in the business. However, like in most other things, this is all about making a choice. You can sell, or not sell. It all depends on what you want to do and what you think is important.